Just when you thought the Labor Brothers Circus had closed for the year there remained a few spokesclowns to fuddle emergencies. Penny Always Wrong babbled into the cameras, every word a contradiction to a policy in strict force only 12 hours before. The Swan dive was more foolish drivel. GC. ED.
Joe Hockey writes
"Today, Wayne Swan dumped Labor’s solemn promise to the Australian people to deliver a Budget surplus in 2012-13.
This is despite Wayne Swan guaranteeing on 200 occasions Labor would deliver a surplus. Just before the 2010 federal election he said that he will deliver the surplus "come hell or high water" and Julia Gillard promising in 2011: “My commitment to a surplus in 2012-13 was a promise made and it will be honoured.”
Labor have a history of breaking promises that hurt all Australians - 'there will be no carbon tax under a government I lead".
Larry Pickering gets it right
"What Swan really said in his clearly uncomfortable Press conference today was that the time available to him to further cook the books had lapsed.
The nutjobs were right again. The economic ineptness of Wayne Swan combined with the profligate waste of Julia Gillard will be severely dealt with.
The fact is that both he and Gillard were rolled by Caucus... again!
Labor's faith in their own leadership has evaporated and that has always been a harbinger to a lengthy political void.
"A revenue crisis", claimed Swan. Oh golly, a revenue crisis? A sudden revenue crisis that has emerged only in the past two weeks?
A revenue crisis that has been clearly evident to every first-year economics student and every member of the Reserve Bank Board for the past two years?
The clear message given to Government long ago was, stop spending or face yet more unsustainable, crippling deficits for decades. Yet outrageous Gillard spending, which has been outstripping revenue since the day she won office, remained unabated.
Interest rates will fall to 2% next year. The rest of the World is near zero. New Zealand is already at 2.5% and this apparently holds no concern for Swan."